CODE OF VIRGINIA

VALUATION OF REPAIRS, ADDITIONS AND NEW BUILDINGS (§ 58.1-3291)

Any building and enclosure which may have been increased in value to $ 500 or
upwards, by repairs or additions thereto, shall be assessed in the same manner
as if they were new.New buildings shall be assessed, whether entirely finished
or not, at their actual value at the time of assessment.

HISTORY: Code 1950, §§ 58-811, 58-812; 1974, c. 133; 1983, c. 161; 1984, c.
675.